24 Louise Street, TRURO

2025-03-28
 

Quick Summary

Location
24 Louise Street, TRURO, Nova Scotia B2N3K2
Price
$2,350,000 CAD
Status:
For Sale
Property Type:
Multi-family

MLS®#202506154

Property Description

Presenting: 24 Louise St, together with the neighbouring property at 20 Louise (triplex), forms a rare investment opportunity in the heart of downtown Truro! This 15 unit building with an approved development agreement for a 16th unit that is mostly finished (well will not be finishing for closing) offers a fantastic opportunity for investors seeking long term rental income in a high-demand area. Located between Prince and Queen street, it's within walking distance to shops, restaurants, and amenities, this property ensures consistent tenant demand and long-term value. 20 and 24 Louise together produce gross potential rental income, based on full occupancy, of approximately $250,000/year making this an attractive addition to the savvy investor's portfolio. As an added benefit, with management already in place, a new owner can simply take over and enjoy the benefits of owning 2 great properties in Truro's thriving downtown! Detailed financials available upon request with a signed Non-Disclosure Agreement. Please Note: 20 and 24 Louise MUST be sold together. 615 Prince is also available from the same owner and the owner would place value on a buyer purchasing all three properties at the same time. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Golf Course, Playground, Shopping, Place of Worship

Building

  • Appliances: Stove, Refrigerator
  • Exterior Finish: Steel
  • Fireplace: No
  • Flooring Type: Laminate, Vinyl
  • Building Type: Apartment
  • Utility Water: Municipal water

Land

  • Land Size: 0.0826 ac
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Information entered by Royal LePage Truro Real Estate
Listing information last updated on: 2025-04-13 15:46:20


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$500,000

Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty East Inc’s posted commission rates compared to a brokerage charging 5%. (HST is extra). Not all agents charge the same.

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We are a fully licensed real estate brokerage offering the same top-tier services and exposure as the big names in the industry—but at a lower commission rate. Here's what you can expect when you work with us: ✅ Full MLS® system listing ✅ Exposure on all major internet real estate platforms ✅ Professional signage (where permitted) ✅ Property showings and open houses ✅ Strategic advertising to attract buyers ✅ Skilled negotiation to secure the best deal ✅ Seamless conveyancing to ensure a smooth closing With us, you’re getting everything you need to sell your property successfully—just without the high commission fees.

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